Concept

Chain is a platform enabling financial institutions to create, issue, store and streamline the processing of buying and selling assets (foreign currencies, stocks, corporate bonds, etc.) on private blockchain networks. Chain is based on the Bitcoin protocol and can be used with other cryptocurrencies.

Chain’s platform includes several components to connect to and transact on a blockchain network: APIs and SDKs for rapid prototyping, network nodes for production and deployment, and open protocol for assets and contracts.

Chain enables developers to send their transactions (of digital assets) from their network to the blockchain in a very simple way.

Chain currently partners with the NASDAQ testing the blockchain in its Private Market – a marketplace for pre-IPO trading of shares in private companies (pilot launched in May).